Section 1
SECTION 1. The GSIS and the SSS shall undertake the necessary measures to liberalize financing and credit terms for low cost housing that may be proposed by domestic corporations and partnerships with at least three hundred employees or workers, organized and existing under Philippine laws, operating for profit, exclusively for their employees and workers under any or all of the following schemes: Low interest rates. Lengthening of repayment period. Adoption of a graduated amortization scheme in such a way that smaller amortizations are paid during initial period of repayment; and Government subsidy of a portion of the interest payment.